China's Netflix iQIYI Files IPO in the US with Baidu as Top Shareholder
Baidu released their Q4 2017 and full year 2017 financial reports today. According to the reports, iQIYI had applied for listing to the U.S. Securities and Exch...
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Luckin Lenders Wins Court Order, Will Wind Down Lu Zhengyao’s Two Assets
Luckin Lenders won an order to wind down two entities owned by Lu Zhengyao, Chairman of Luckin Coffee.
6/22/20203 min read
Influencer Li Ziqi Sues Weinian, ByteDance Withdraws Stake in Firm
Due to a dispute between prominent web influencer Li Ziqi and her partner company, Weinian Brand Management Co., Ltd., ByteDance withdrew its stake in the company on October 16.
10/28/20213 min read
The News Says that ByteDance Acquires the Audio Brand Oladance
The news states that ByteDance acquired the audio brand Oladance, and is expected to launch AI intelligent products.
China NFT Weekly: Earn While You Burn
This week: Chinese startup Nreal to launch AR glasses in the UK this spring, "Voices of April" NFTs highlight Shanghai residents' struggles with harsh lockdown rules, and more.
Bilibili Presents Documentary “In Wuhan”
Bilibili presented a documentary "In Wuhan", the first of its kind to document the realities of life in Wuhan during the COVID-19 outbreak.
2/27/20202 min read
Why Investors Betting on the Growth of China’s Semiconductor Industry
Investing in CPU, GPU and DPU in succession, what kind of market opportunities did Sky9 Capital see?
Alibaba Enters Russian E-commerce JV
Alibaba Group, Russian Direct Investment Fund, MegaFon, and Mail.ru Group have built a joint venture to integrate Russia’s key consumer internet and e-commerce platforms and launch a leading social commerce joint venture in Russia and the CIS.
6/6/20192 min read
Huobi Initiates Removal of Tens of Millions of Chinese Users, Internal Structure Greatly Adjusted
On December 14 and 15, the company will stop the currency filling and currency trading business of Chinese mainland users.
12/14/20213 min read
NIO ET5 Unveiled, Delivery to Start in September
During the 2022 Guangdong-Hong Kong-Macao Greater Bay Area International Auto Show that opened on May 28, the NIO ET5 medium-sized pure electric vehicle was officially unveiled.
5/30/20222 min read
JOYY's 2021 Q2 Revenue Increases by 39.7% Year-on-Year
Live streaming platform and BIGO owner JOYY announced its unaudited financial results for the second quarter of 2021 on Thursday, showing revenue reaching $662 million, up 39.7% year-on-year.
8/19/20212 min read
Artificial Intelligence Unicorn SenseTime Applies for Hong Kong IPO
China's artificial intelligence unicorn SenseTime submitted an application to list on the HKEX on August 27, with China International Capital Corporation Limited (CICC), Haitong International Securities Group Limited and HSBC as co-sponsors.
8/30/20212 min read